Lighten the Burden of Student Loans -
Americans have been paying down mortgage debt, home-equity loans, credit card debt and auto loans over the past several years. But student-loan borrowing is up significantly, reports the Federal
Low mortgage rates driving home loan boom | Video -
Record low interest rates and bargain home costs are attracting buyers to take out loans Record low interest rates and bargain home prices are creating a mini-boom in Florida mortgages, a new national survey shows.
On the House: Refis with cash-outs plummet -
Not surprisingly, the days of using our homes as ATMs with no withdrawal limit are over. Freddie Mac reports that, in the second quarter, net dollars of home equity converted into cash as part of refinancings of conventional, prime mortgages totaled about $7.5 billion. That was about the same as in the first quarter, but well below the peak of $83.7 billion converted in the second quarter of 2006.
Consumer Loan Rates, Aug. 28 -
Springfield financial institutions quoted the following rates Friday for home equity, auto and boat loans. The home equity rate is based on a $10,000 loan or line of credit with applicable points included. Rates are variable unless otherwise noted. Additional fees are not included. The auto loan rate is based on a 48-month contract for a new car. The boat rate is based on a loan for a new boat.
Couple faces hurdles in getting a new primary home mortgage -
QUESTION: We refinanced and took money out of our home in 2005 with a Texas home equity loan at 7.5%. Whenever I have asked about refinancing with any one of numerous mortgage companies, I have been told that any refinance would have to be a Texas home equity loan and the interest rate would be higher than the lower rates advertised for mortgages.
TexasLending.com to Discuss Float Down Option for Home Loans on KLIF AM Radio -
Listen to CEO of TexasLending.com, Kevin Miller, and his co-hosts, discuss their float down option for refinances, purchases, and home equity loans on his weekend radio show.Dallas, TX (PRWEB) August 26, 2011 Kevin Miller of TexasLending.com, a Texas home loan and mortgage company specializing in Texas refinance loans and Texas reverse mortgages, will discuss TexasLending.com’s float down option …
Reverse mortgages aren't for everyone -
You can scarcely turn on the TV without seeing ads for reverse mortgages. They’re touted as a great tool for cash-strapped seniors to tap their home equity to pay off bills while remaining in their homes with no monthly mortgage payments. Although that may be true for some people, these complicated and costly loans aren’t right for everyone, so it pays to do your homework.
Springfield financial institutions quoted the following rates Friday for home equity, auto and boat loans. The home equity rate is based on a $10,000 loan or line of credit with applicable points included. Rates are variable unless otherwise noted. Additional fees are not included. The auto loan rate is based on a 48-month contract for a new car. The boat rate is based on a loan for a new boat.
4 ways to cash out your house -
Seniors who are cash poor but house rich can tap into some of that wealth.
Tax Tips: The Benefits of Refinancing (Tax Tips) -
If you refinanced your mortgage, make sure you get all your tax breaks.
Recession-based Decisions Affect Tax Returns -
Many taxpayers continue to be affected by the U.S. recession, especially if they were strapped for funds in 2010 and needed to borrow from their 401(k).
Federal Home Loan Bank of Atlanta Announces Preliminary 2010 Year-End Financial Results -
ATLANTA — Federal Home Loan Bank of Atlanta today released unaudited financial highlights for the year ended Dec. 31, 2010. The Bank will announce 2010 audited financial results in its Form 10-K filing with the Securities and Exchange Commission, which is expected to be filed on or about March 25, 2011.
The Federal Home Loan Bank of Boston announced its preliminary, unaudited annual and fourth quarter financial results for 2010. The Bank expects to file its annual report on Form 10-K, including complete, audited results for the year ending December 31, 2010, with the Securities and Exchange Commission next month.
Refinancing without home equity -
Even with the cost of PMI factored in, it might still make sense to refinance your home.
Mortgage payoff not in couple's best interest? -
Paying down mortgages that have favorable interest rates may not be the best use of your discretionary money.